Hue has welcomed the first direct flight connecting the former imperial capital Hue with Taipei of Taiwan, transporting the first Taiwanese passengers to the new terminal of Phu Bai airport.

The first flight of the route on Saturday was a chartered one using Vietjet’s modern aircraft.

The airline has been the first operator of two direct routes linking the new terminal of Phu Bai airport with Kunming (China) and Seoul (South Korea).

With new international routes to Hue, Vietjet looks to help create more tours to attract international visitors, thus contributing to the development of the local economy and tourism on par with the potential and position of an ancient capital rich of in heritage values like Hue.

The flights are expected to not only bring international tourists to Viet Nam and promote the image of a friendly and hospitable country to friends around the world but also carry Vietnamese tourists to global famous destinations.

Source: https://baothuathienhue.vn

The Government promulgates Decree No. 26/2023/ND-CP Export Tariff, Preferential Import Tariff, List of Goods and Absolute Tax Rates, Mixed Taxes and Out-of-quota Import Taxes.

Decree No. 26/2023/ND-CP is promulgated together with the following 4 appendices:

1- Appendix I – Export tariff according to the List of taxable goods.

2- Appendix II – Preferential import tariff according to the List of taxable goods.

3- Appendix III – List of goods, absolute tax and mixed tax rates for used passenger cars with 15 seats or less.

4- Appendix IV – List of goods and Out-of-quota Import Taxes for out-of-quota goods.

This Decree also regulate conditions for entitlement to the preferential import duty rate of 0% with regard to imported auto parts of automobiles according to the tax incentive program for automobile manufacturing and assembly and materials, supplies and accessories used for manufacturing, processing (assembling) supporting industrial products prioritized for development of the automobile manufacturing and assembly industry.

Accordingly, from October 1, 2022 to the effective date of this Decree, the requirement pertaining to the minimum degree of completeness of auto parts according to Point b Clause 3.1 Article 7a specified in Clause 3 Article 2 and point b.5 clause 3 Section II Chapter 98 Decree No. 57/2020/ND-CPstatus3 .

In case an enterprise has participated in the Tax Incentive Program but has not yet been refunded the import duty paid from October 1, 2022 to the effective date of this Decree, it will be entitled to a tax refund equivalent to the number of auto parts that have been imported if the requirements specified in the tax incentive program are satisfied, the requirement pertaining to minimum degree of auto parts is not applicable.

Preferential import duty rates for imported auto parts of heading 98.49 specified in Article 8 of this Decree shall be applied until December 31, 2027. Enterprises that have registered to participate in the Tax Incentive Program before the effective date of this Decree must re-register with the customs authorities.

Preferential import duty rates for raw materials, supplies and components for the manufacturing, processing (assembly) of supporting industry products prioritized for development for the automobile manufacturing and assembly industry prescribed in Article 9 of this Decree shall be applied until December 31, 2024. Enterprises that have enrolled in the Tax Incentive Program for the automobile supporting industry specified before the effective date of this Decree must not re-register.

This Decree comes into force as of July 15, 2023.

Source: https://datafiles.chinhphu.vn/cpp/files/vbpq/2023/6/26-nd.signed.pdf

Prime Minister Pham Minh Chinh attended the ground-breaking ceremony of Ring Road 4 which spans 112km through Ha Noi, Hung Yen and Bac Ninh.

Prime Minister Pham Minh Chinh issued the order to start the project.

Addressing the event, Prime Minister Pham said infrastructure development is one of the three strategic breakthroughs defined by the Party.

“The investment in the construction of Ring Road 4, located in the Capital Region, will create new opportunities for development in the entire region, particularly benefiting Hanoi and the provinces of Hung Yen and Bac Ninh, through which the route passes,” Prime Minister Pham Minh Chinh said.

Prime Minister Pham Minh Chinh also emphasized that the groundbreaking ceremony marked the first step towards success and highlighted the magnitude of the upcoming tasks that lie ahead.

The Ring Road 4 project has a total length of 112.8 km and is initially estimated to require a total investment of VND85,813 billion. Substantial progress is expected to be made by 2026 and the project is expected to become operational in 2027.

The project is divided into seven different component projects, which will be implemented independently. In addition, the National Assembly has granted specific mechanisms to facilitate investment capital, implementation, hiring contractors on a non-competitive basis, and managing the utilization of materials for the project.

The project has total investment capital of VND 85 trillion. Photo: dantri.com.vn

In Hanoi, work on the Ring Road 4 – Capital Region project has started at four designated sites:

Starting Point No. 1 is located at the primary bridge intersection of Ring Road 4 and Thang Long Boulevard (at Km28+900 of Ring Road 4, corresponding to Km12+600 of Thang Long Boulevard) in Song Phuong Commune, Hoai Duc District.

Starting point No. 2 is located at the intersection of Ring Road 4 and National Highway 2 (at Km1+445) in Thanh Xuan commune, Soc Son district.

Starting point No. 3 is located at the intersection of the South Axis (at Km45+700) within the territory of Tam Hung Commune, Thanh Oai District.

Starting point No. 4 is at the intersection of Ring Road 4 and the old National Highway 1A (at Km52+600 of Ring Road 4, corresponding to Km190+270 of National Highway 1A) in Van Binh commune, Thuong Tin district.

Source: https://hanoitimes.vn